(Translation) No.Tor.For. 24/2018 21 December 2018 Subject : To sell common shares of Waseda Education (Thailand) Company Limited to connected person. Attention : The President of the Stock Exchange
transaction for assets to details as follow: 1. Western U Company Limited and subsidiaries 2. WP Assets Company Limited formerly known as Suvanabhumi Education Development Company Limited 3. WS Assets Company
Property to Ladprao Education Company Limited, the operator of Ladprao Bilingual School (“LBS”), and its parent company, L.P Holding Co., Ltd. at the selling price of Baht 191.50 million within 6 months
% 100.00 % 100.00 % 3. General characteristics of transaction (1) Western U Company Limited Registered capital: 330,000,000 baht Nature of Business: Be a licensee of private higher education institutions
Manufacturing Co., Ltd. SPI acting as major shareholder of both companies 6. Thai Bunka Fashion Co., Ltd. SPI acting as major shareholder of both companies 7. Waseda Education (Thailand) Co., Ltd. SPI acting as
percent base on the net tangible asset basis, calculated from the latest audited consolidated 9-month financial statements ending 30 September 2017 of the Company, as such the highest transaction value of
”), with the highest transaction value of 45.04 percent base on the net tangible asset basis, calculated from the latest audited consolidated 9-month financial statements ending 30 September 2017 of the
3 1 August, 2 0 1 7 considered and approved the disposition of the subsidiary is engaged in education related business. As a result, operating results for the three months ended the first quarter